Groupon buys Dealson company into South Korean online group buying market

October 19 http://www.aliyun.com/zixun/aggregation/11188.html ">dealson announced that Groupon invested 5 billion won (equivalent to $4 million) to buy Dealson ( DEALSON.CO.KR) company 80% shares. The negotiations began September 28, until October 1 finalized, and officially announced on October 19, so Dealson become Groupon Korea,groupon officially into the South Korean network group buying market.





After the acquisition, Groupon plans to add two more after the company's performance, with 2.5 billion won (equivalent to $2 million trillion), Groupon Korea managed by the original team, but Groupon headquarters sent 2 U.S. employees to the company's operations management.

Prior to that, Groupon had contacts with 12 South Korean leading group buying sites, including Ticketmonster.co.kr, Qiwi.co.kr, Dailypick.co.kr and other industry-leading companies are considered to be more likely to acquire the target, eventually in the South Korean group purchase website industry ranked fifth or so Dealson was accidentally acquired. South Korea currently has more than 60 group buying sites, the Dealson was acquired will lead to more intense South Korean group buying site competition.